20191217-2

Dear Friends,

As the Holidays rapidly approach us, I wanted to take a moment and thank you all for your business, your loyalty, and your work this past year. 2019 was another very busy year in the real estate industry, and I hope you find time to unwind and spend quality time with your family and friends this Holiday season.

2020 marks API’s 30th year in business! In reflecting on the past 29 years, I am reminded of all those who have made API such a remarkable company.

I am very fortunate to work with wonderful clients and excellent associates, and I am truly grateful for that.

As I look to the New Year, and what will soon be API’s 30th anniversary, I’m committed to continuing our culture of excellent service and of being a valuable asset to you in obtaining your goals.

May this message find you well and with an open heart and mind to make the upcoming year the best it can possibly be.

Happy Holidays!

Javier G. Vande Steeg, President

Important Information for Investors Beginning an Exchange

Do Not File Your 2019 Income Tax Return Until Your Exchange Has Been Fully Completed.From October 17 – December 31, 2019

The time frame you have to complete the acquisition of your replacement property ends at midnight on the earlier of the 180th day after the date you transferred the relinquished property OR the due date (including extensions) for your income tax return for the taxable year in which the transfer of the relinquished property occurs. (U.S. Treasury Regulations section 1.1031(k)-1(b)(2)).

This means, if the 180th day following the closing of your first relinquished property falls after the due date for your 2019 tax return (this year, for individuals, April 17, 2020 you must file an application for extension of time with the IRS to extend the due date. If you do not file for an extension, you will NOT be able to acquire any replacement property in your exchange after your tax return due date.

Remember: If your exchange is not completed by the due date of your tax return — FILE AN EXTENSION.

If you have any questions, please call your Exchange Counselor at:

National Headquarters: 800.282.1031 – OR – Eastern Regional Office: 866.394.1031

Executive Global Interview with Javier G. Vande Steeg

Click here to read a Fall, 2019 interview of Javier G. Vande Steeg, Asset Preservation’s President and Co-Founder by Executive Global. Mr. Vande Steeg talks about 1031 tax deferral, wealth creation and other issues of interest to business owners and real estate investors. Executive Global offers a unique insight into the state of global business in the contemporary age, bringing together the most renowned business personalities and economists of the modern era to deliver the statistics, thorough analysis, strategy, and foresight required to make informed business decisions. Read More »

WEBINARS

Wednesday, January 22nd

11:00 AM – 12:00 PM PST
CPE Available

§1031 Tax-Deferred Exchange Issues in Today’s Market. This intermediate -advanced level webinar provides a concise and thorough overview of 1031 exchanges for accountants, CPAs, and tax advisors. Register »


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Apartments have been the darling of real estate capital markets for the past seven or eight years. This deep into an outstanding run, some investors have begun to worry if the clock is approaching midnight for Cinderella. However, an examination of underlying demand dynamics suggests…Read More »

800-282-1031

Call Us

Asset Preservation would appreciate the opportunity to work with you on your next 1031 exchange. Give us a call for a free consultation.

800-282-1031

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Important Information for Investors Beginning an Exchange

Do Not File Your 2019 Income Tax Return Until Your Exchange Has Been Fully Completed.From October 17 – December 31, 2019

Executive Global Interview with Javier G. Vande Steeg

WEBINARS

Wednesday, January 22nd

We Love Our Happy Customers

**“I love Asset Preservation. I will continue to recommend you to others. Thank you so much!“**

– Donna, California

1031 Exchange Momentum Shows No Signs of Braking

Millennials Now Represent the Largest Cohort of Home Buyers. Here’s What They Are Looking For.

The Continuing Case For Apartment Rentals

Call Us

Wishing You Happy Holidays

Autumn 1031 Exchange Update

Happy 1031 Day!

1031 Exchange News Update

Latest 1031 News

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1031 Exchange Basics